Many in the business feel entitled to the purses they race for. They are in for a big shock at some point. The horsemen that race for strictly overnight purses will be the first to go...it will spread from there unless someone comes up with a solution.
Look at the age of all participants in the business today.
There is a good mix of older and younger drivers. For every younger driver, you have an older one!
Trainers-probably more older than younger.
Grooms-probably more older than younger.
Owners-probably more older than younger.
When all of the individuals move on, injuries, retirement, death, the pool becomes smaller. Especially owners as they are the ones investing and the younger generations aren’t interested.